Welcome to our dedicated page for GoodRx Holdings news (Ticker: GDRX), a resource for investors and traders seeking the latest updates and insights on GoodRx Holdings stock.
GoodRx Holdings, Inc. (Symbol: GDRX) is a leading consumer-focused digital healthcare platform committed to reducing the cost of healthcare in the United States. The company operates a price comparison platform that provides consumers with current, geographically relevant pricing for prescription medications. GoodRx gathers prices from multiple sources, offering powerful savings tips, valuable discounts, and negotiable price codes for prescriptions at virtually every pharmacy across the US.
GoodRx serves millions of Americans each month, including thousands of physicians who use the platform to help their patients. To date, the company has saved users over $3 billion on their prescription drug costs. Despite this success, GoodRx continues to work toward making prescriptions affordable for all Americans.
The company's core revenue stream comes from pharmacy benefit managers (PBMs), who manage formularies and prescription transactions. GoodRx also offers additional healthcare products and services such as pharma manufacturer solutions, subscription plans, and telehealth services. Their platform extends beyond individual consumers to include solutions for health plans, payors, and PBMs through an easy-to-use website and mobile app experience known as GoodRx for Benefits.
As GoodRx continues to innovate and expand its offerings, it remains dedicated to its mission of lowering healthcare costs and making essential medications accessible to everyone in the US. Stay updated with the latest news and developments from GoodRx to see how they are transforming the healthcare landscape.
GoodRx (NASDAQ: GDRX) has formed a partnership with Surescripts to integrate drug discount pricing into Surescripts' Real-Time Prescription Benefit system. This collaboration aims to enhance prescription price transparency, particularly for uninsured patients and those lacking price information from their health plans. The initiative could lead to significant savings—up to 80%—on prescriptions, fostering better patient decision-making at the point of care. This effort aligns with GoodRx's mission to improve healthcare affordability for Americans.
GoodRx (NASDAQ: GDRX) recently published a consumer survey revealing its positive impact on pharmacy retailers. Key findings show that GoodRx enhances medication affordability, with 81% of users able to afford all prescriptions after using the service, compared to only 23% beforehand. Additionally, nearly 80% of users reported buying other items while picking up prescriptions, averaging $40 in extra purchases. The survey also indicated that 85% of participants were more likely to return to their pharmacy due to their positive experience with GoodRx, highlighting its role in boosting foot traffic and customer loyalty.
GoodRx Holdings (Nasdaq: GDRX) plans to release its Q2 2021 financial results on August 12, 2021, before U.S. markets open. A conference call will follow at 5:00 a.m. PT (8:00 a.m. ET) to discuss the results and business outlook. A shareholder letter and detailed financial results will be available on their investor relations website. GoodRx is recognized as America's leading resource for healthcare savings, having helped Americans save over $30 billion since 2011 and is the most downloaded medical app for the last three years.
GoodRx (NASDAQ: GDRX) has partnered with DoorDash (NYSE: DASH) to offer discounted access to its GoodRx Gold subscription program for DoorDash drivers, known as 'Dashers.' This partnership allows Dashers to save up to 90% on over 1,000 medications and provides online doctor visit discounts along with free mail delivery for prescriptions. GoodRx Gold can save individuals an average of $2,600 annually when filling 2 prescriptions monthly. This initiative aims to enhance healthcare access for the growing freelance workforce in the U.S., which comprises 35% of all workers.
GoodRx (NASDAQ: GDRX) released a report detailing its positive impact on American healthcare, showcasing significant savings for patients. In 2020, GoodRx users saved an average of 79% on medications, equating to around $30 billion in total savings. The platform has improved medication adherence, contributing to the prevention of over 1,000 hospitalizations and saving nearly 500 lives. Additionally, over 20% of Americans reported struggling with basic necessities due to medication costs, highlighting the importance of GoodRx in alleviating financial burdens.
GoodRx Holdings Inc. (Nasdaq: GDRX) announced its financial results for the first quarter of 2021, showcasing its role as a leader in healthcare savings in the U.S. The company has facilitated over $30 billion in savings since 2011. A conference call to discuss these results and the business outlook is scheduled for May 13, 2021, at 2:00 PM PT. GoodRx emphasizes its services, including affordable prescriptions, telehealth, and lab tests, making it the #1 most downloaded medical app for the last three years.
GoodRx Holdings (Nasdaq: GDRX), a leader in healthcare savings, announced upcoming presentations at two virtual investor conferences. The RBC Capital Markets Global Healthcare Conference will take place on May 19 at 1:15 p.m. PT, followed by the Evercore ISI TMT Conference on June 7 at 9:30 a.m. PT. Live webcasts and archived recordings of these presentations can be accessed via GoodRx's Investor Relations website. GoodRx has saved Americans over $25 billion since 2011 and remains the most downloaded medical app for three consecutive years.
GoodRx (Nasdaq: GDRX) has launched an integrated offering with Sanofi to simplify access to manufacturer discounts for insulin and other prescriptions. This collaboration aims to assist uninsured and commercially insured diabetes patients, potentially saving Americans up to $260 million in 2021. Patients can now find and claim Sanofi discounts directly on the GoodRx platform. Currently, insured patients can pay between $0 to $10 for select drugs, while uninsured patients face a flat fee of $99 monthly for specific insulins. This initiative is expected to enhance affordability for millions of diabetes patients.
GoodRx (NASDAQ: GDRX) has completed the acquisition of HealthiNation, enhancing its healthcare resources. With a vast library of premium health videos, HealthiNation enables GoodRx to deliver superior content and information to consumers while offering manufacturers targeted engagement opportunities. This move aligns with GoodRx’s strategy to bolster its Manufacturing Solutions business and improve health outcomes for users. The acquisition highlights GoodRx's commitment to affordable healthcare solutions, leveraging HealthiNation's expertise for greater market reach.
GoodRx Holdings Inc. (GDRX) announced its first quarter 2021 financial results will be released after U.S. markets close on May 13, 2021. A conference call will follow at 2:00 p.m. PT to discuss the results and future outlook. GoodRx has helped Americans save over $25 billion since 2011, becoming the top downloaded medical app for the past three years. The press release will also include a link to a shareholder letter and results on its investor relations site.
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